While Receiving a Properly Drawn and Payable Check on a Person's

question 24

Multiple Choice

While receiving a properly drawn and payable check on a person's account,which of the following circumstances make it a necessity for the bank to honor the check?

• A)When the check is stale.
• B)When there are sufficient funds in the account.
• C)When there is a stop payment order.
• D)When a postdated check is presented before the date of the check.